Sberbank

From Wikipedia, the free encyclopedia
For other uses, see Sberbank (disambiguation).

Coordinates: 55°41′55.69″N 37°34′45.54″E / 55.6988028°N 37.5793167°E / 55.6988028; 37.5793167

PJSC Sberbank
Native name
Сбербанк
FormerlySavings bank of Russia (RSFSR) (1842–1991)
TypePublic (ПАО)
MCX: SBER
IndustryBanking, financial services
Founded22 March 1991; 31 years ago (1991-03-22) (through the reorganization of the Savings bank of the RSFSR)
HeadquartersMoscow, Russia
Key people
Anton Germanovich Siluanov (Chairman-Supervisory Board)
Herman Gref (CEO, Chief Executive Officer & Member-Supervisory Board [2]
ProductsConsumer banking, corporate banking, finance and insurance, investment banking, mortgage loans, private banking, private equity, savings, securities, asset management, wealth management, credit cards
Revenue$40 billion[3] (2017)
$23.5 billion[4] (2020)
$17.3 billion[5] (2021)
Total assets$571 billion[5] (2021)
Total equity$78.3 billion[5] (2021)
OwnerNational Wealth Fund, Government of Russia (50%+1 share)[6]
Number of employees
281,000 (2019)[7]
SubsidiariesSberbank CIB

Subsidiaries in some European and post-Soviet countries
RatingBa2 (Moody's), BBB- (Fitch) (2017)[8]
Websitesberbank.com
sberbank.ru

PJSC Sberbank (Russian: Сбербанк, initially a contraction of Russian: сберегательный банк, romanized: sberegatelnyy bank, lit. 'savings bank') is a Russian majority state-owned banking and financial services company headquartered in Moscow. It was called Sberbank of Russia until 2015. Sberbank has operations in several European nations, primarily post-Soviet countries. As of 2014 it was the largest bank in Russia and Eastern Europe, and the third largest in Europe, ranked 60th in the world and first in central and Eastern Europe in The Banker's Top 1000 World Banks ranking.[9] In the spring of 2021, Forbes Russia placed Sberbank on the first line in the rating of the reliability of Russian banks.[10] In the world ranking of public companies Forbes "Global 2000" Sberbank takes 51st place.[11]

History[]

Russian President Putin visits a Moscow branch of Sberbank, November 2001
Russian 25 rubles coin
Russian coin commemorating the establishment of the first savings banks in the Russian Empire in 1841.

Early history[]

Sberbank's history goes back to Cancrin's financial reform of 1841,[12] when a network of the first state-owned savings banks was created in Russia. By the end of the 19th century, the network reached almost 4 thousand outlets with over 2 million depositors.[13]

Since 1905, savings bank outlets became authorised to sell insurance. After 1910, savings banks started subsidising credit cooperation institutions and extending loans to small lenders. In 1915, savings bank outlets started accepting government securities for depositing.[14]

Soviet savings banks system[]

After the October Revolution of 1917, the state savings banks system continued its activity and growth under the management of the Finance Ministry of the USSR as the State Labour Savings Banks System. From 1926, the saving bank outlets were used to pay wages to blue- and white-collar workers. The savings banks were used to distribute state lottery tickets and for the placement of state bonds with the population. The savings banks introduced wider services such as money transfers.[15]

By late 1980s, the Soviet savings bank system had almost 80 thousand branches. As part of Perestroika reforms, in 1987 the savings bank outlets are reorganised into the Savings Bank of the USSR. Within the Savings bank of the USSR,[16] separate savings banks were created in the Soviet Republics. Following the dissolution of the USSR, the former republican savings banks became state savings banks of the newly independent post-Soviet states.

In 1991, the Savings bank of the RSFSR has been reorganised into the Joint-Stock Commercial Savings Bank of the Russian Federation (Sberbank of Russia).

Sberbank of Russia[]

In post-Soviet Russia, Sberbank is the largest universal bank despite growing competition from private and other state-owned commercial banks. The bank has gradually expanded its international presence.[17]

Since 2007, Sberbank is led by former economy minister Herman Gref who is a very close friend of Vladimir Putin.[18]

Volksbank International acquisition, 2011[]

In 2011, Sberbank acquired Volksbank International AG from its shareholders Österreichische Volksbanken AG, BPCE, DZ Bank and WGZ Bank. The deal included all Volksbank assets - banks in Slovakia, Czech Republic, Hungary, Slovenia, Croatia, Ukraine, Serbia and Bosnia and Herzegovina, except for Volksbank Romania. The agreed price was €585 to €645 million, depending on Volksbank business performance in 2011. Volksbank's total assets excluding Romania was €9.4 billion in June 2011.[citation needed] On 16 December 2013, Volksbank (Ukraine), which was a wholly owned subsidiary of Sberbank, changed its name to  [uk] (Ukrainian: ВіЕс Банк).[19][20]

Denizbank acquisition, 2012[]

In June 2012 Sberbank bought the Turkish DenizBank for Turkish Lira 6,469 billion (about EUR 2,821 billion or US$3.504 billion) from the lender Dexia, which in 2011 was "partly nationalized by the governments of France, Belgium and Luxembourg".[21] The deal included DenizBank subsidiaries in Turkey, Austria and Russia.[22]

US, EU, Switzerland, and Ukraine sanctions: 2014-2017[]

After the annexation of the Crimean Peninsula by Russia in 2014, the Obama administration imposed targeted sanctions on 12 September 2014, through the US Department of Treasury's Office of Foreign Assets Control (OFAC) by adding Sberbank and other entities to the Sectoral Sanctions Identifications (SSI) List.[23][24][25][26][27][28][29][30][31] This was done in concert with 31 July 2014 addition of Sberbank to the European Union sanctions list.[32][33] Sanctions consist of access restriction to the EU and US capital markets.[34][35][36] After announcement of the sanctions, and by the end of July, Sberbank's market value had dropped the most market value among the world's major lenders plus investors moved $22 billion from Sberbank's market capitalization.[37] Still, during the following year Sberbank's share price grew back 89%.[38] Sberbank together with other Russian banks filed claims with the highest EU court to lift the punitive economic measures.[citation needed]

On 27 August 2014, Switzerland imposed sanctions on Sberbank and other Russian financial institutions.[39]

On 22 December 2015, the United States imposed additional sanctions on Sberbank and its subsidiaries.[40][41][25][26][27][31]

On 17 October 2016, Ukraine imposed sanctions against Sberbank Russia, Sberbank Leasing, and their payment systems Kolibri (Hummingbird), formerly Blitz (Ukrainian: «Колибри» стара назва – «Блиц»).[42][43][44]

On 15 March 2017, the president of Ukraine imposed sanctions on Sberbank (and other Russian state-owned banks operating in Ukraine: VTB Bank, BM Bank, Prominvestbank, and VS Bank (Ukrainian: ВіЕс Банк)) as part of its continued sanctions on Russia for its annexation of Crimea and involvement in the War in Donbass.[45][46][47]

2017 sale of VS Bank to Tihipko[]

In December 2017, due to sanctions, Sberbank sold its Ukrainian subsidiary, VS Bank (Ukrainian: ВіЕс Банк)[45] to Ukrainian businessman Serhiy Tihipko.[48]

Credit cards: both issuer and payments[]

As of May 2016, Sberbank dominates the card payments business in Russia with over 61% of the market. Sberbank's competitors in the card business are VTB Bank, Alfa-Bank, Tinkoff Bank, and Gazprombank which combined only have a 29% of the card business market.[49]

2022 sanctions[]

On 24 February 2022, as a result of the 2022 Russian invasion of Ukraine, US president Joe Biden announced sanctions against additional Russian individuals and companies, including new restrictions on Sberbank's operations,[50] after which Sberbank's stock lost more than half of its value.[51]

On 28 February 2022, Sberbank Europe was facing bankruptcy as a consequence of the sanctions. Deutsche Börse suspended trading of Sberbank stock.[52][53][54] Two days later, Sberbank Europe declared that it was leaving the European market.[55]

Rebranding 2020 and "ecosystem"[]

In 2020, Sberbank undertook a rebranding. In addition to changing the logo and legalizing the reduction “Sber”, the company announced the transformation of the bank into an “ecosystem”. Sberbank decided to become "more than a bank" and began to develop various services, mainly digital: online cinema (Okko), music (SberSound), food delivery (SberMarket), cloud storage (SberDisk), taxi (Citymobil). [56]

Initially, the "ecosystem" was built in partnership with the large Internet holding Mail.ru Group, for which a joint venture O2O (online-to-offline) Holding was created with a capital of about 100 billion rubles. However, in the spring of 2021, the parties decided to end cooperation due to disagreements over management methods and corporate culture.[57]

Another component of the "ecosystem" is pharmacies. Having launched an online service, Sber Eapteka (e-drugstore), Sber soon decided to expand the business and open pharmacies in its own branches. It is assumed that purchases there will be more profitable due to targeted packaging of drugs, as well as the production of its own generics.[58]

In the summer of 2021, Sberbank announced the implementation of the Sabbatical practice. Employees are allowed to take unpaid leave of up to a year - with the retention of their jobs (although this requires the consent of the immediate supervisor). It is also allowed to work remotely for three months a year.[59]

Ownership[]

The majority shareholder of Sberbank is the Russian National Wealth Fund managed by the Government of Russia (until 2020 the Central Bank of the Russian Federation), owning 50%+1 voting share of Sberbank's voting shares. The rest of the shares are dispersed among portfolio, private and other investors.[6][60]

Russia's central bank cannot sell its stake without a change in Russia's laws.[61][62]

Management[]

The president and chief executive officer is Herman Gref, confirmed by the board of directors on 16 October 2007.[63]

Sergei Gorkov joined Sberbank in November 2008 eventually becoming the head of the international operations and the senior vice chairman of the board from 10 October 2010, until 26 February 2016, when he left Sberbank to become the Chairman of Vnesheconombank (VEB).[64][65][66][67][68] He greatly expanded Sberbank from operations in only two foreign countries, Kazakhstan (2006)[69][70] and Ukraine (December 2007),[69][71] to over twenty countries including Belarus (2009),[69][72] Germany (2009),[69][73] China (2010),[69][74] India (September 2010),[69][75] Switzerland (31 December 2011),[69][76] Austria (acquisition of Volksbank International AG on 15 February 2012; changed name to Sberbank Europe AG on 1 November 2012, with locations in Austria, Bosnia and Herzegovina, Croatia, Czech Republic, Hungary, Slovakia, Slovenia, Serbia, Ukraine, and Germany),[69][77] Bosnia-Herzegovina (20 February 2013),[78] Hungary (31 December 2011; 1 November 2013, as Sberbank Hungary Ltd),[69][79] Croatia (February 2012),[69][80] Czech Republic (20 February 2013),[69][81] Slovenia (28 January 2013),[69] Serbia (24 December 2012),[69][82] Slovakia (15 February 2013),[69][83] and Turkey (acquisition of DenizBank in September 2012).[69][84][85][86] Following Gorkov's departure, Svetlana Alekseyevna Sagaydak (Russian: Светлана Алексеевна Cагайдак) became the new Senior Vice Chairman of the Board.[65]

The Chairman of the Supervisory Board of Sberbank (since April 2021) is Anton Siluanov, Minister of Finance of Russia.[87]

Formerly from 2003 to 2013 the head of RIA Novosti and from 2006 to 2016 its editor in chief, Svetlana Mironyuk is a vice-president and the head of marketing and communications since 1 February 2016.[88][89]

In February 2022, Sverbank annnounced foundation of its own e-commerce holding, headed by its former top-manager Lev Khasis but in a week on Feb 22,2022 he left Sberbank.[90]

Operations[]

As of 2015 the bank had about 16,500 offices with over 250,000 employees.[91] According to own estimates, the bank had over 137 million retail clients and over 1.1 million corporate clients in its 22 countries of presence.

As of August 2015 it accounted for 28.6% of aggregate banking assets, calling itself "the circulatory system of the Russian economy","key lender to the Russian economy and the biggest receiver of deposits".[91]

Within Russia, Sberbank is structured into several regional divisions (territorial banks):

ATM of Sberbank
ATM of Sberbank.
Sberbank regional head office in St. Petersburg
Sberbank regional head office in St. Petersburg
Sberbank sign in different languages
Sberbank sign in Russian and Altai language in Ust-Koksa, Altai Republic
Sberbank office in Khabarovsk
Sberbank office in Novosibirsk
Sberbank office in Novosibirsk
Sberbank office in Tyumen
Sberbank in Smolensk
Baikal Bank  Zabaykalsky Krai
 Irkutsk Oblast
 Buryatia
 Sakha Republic
Volga-Vyatka Bank  Nizhny Novgorod Oblast
 Vladimir Oblast
 Kirov Oblast
 Mordovia
 Mari El
 Chuvashia
 Tatarstan
East Siberian Bank  Krasnoyarsk Krai
 Tuva
 Khakassia
Far Eastern Bank  Khabarovsk Krai
 Primorsky Krai
 Amur Oblast
 Sakhalin Oblast
 Jewish Autonomous Oblast
 Magadan Oblast
 Kamchatka Krai
 Chukotka Autonomous Okrug
West Siberian Bank  Tyumen Oblast
 Omsk Oblast
 Khanty-Mansi Autonomous Okrug
 Yamalo-Nenets Autonomous Okrug
West Urals Bank  Perm Krai
 Komi
 Udmurtia
Moscow Bank  Moscow
Volga Region Bank  Samara Oblast
 Ulyanovsk Oblast
 Orenburg Oblast
 Saratov Oblast
 Volgograd Oblast
 Astrakhan Oblast
 Penza Oblast
Northern Bank  Yaroslavl Oblast
 Kostroma Oblast
 Ivanovo Oblast
 Vologda Oblast
 Arkhangelsk Oblast
 Nenets Autonomous Okrug
North Western Bank  Saint Petersburg
 Leningrad Oblast
 Murmansk Oblast
 Kaliningrad Oblast
 Pskov Oblast
 Novgorod Oblast
 Karelia
North Caucasus Bank  Stavropol Krai
 Ingushetia
 North Ossetia-Alania
 Kabardino-Balkaria
 Dagestan
 Karachay-Cherkessia
 Kalmykia
 Chechnya
Siberian Bank  Novosibirsk Oblast
 Tomsk Oblast
 Kemerovo Oblast
 Altai Krai
 Altai Republic
Central Russian Bank  Moscow Oblast
 Tver Oblast
 Kaluga Oblast
 Bryansk Oblast
 Smolensk Oblast
 Tula Oblast
 Ryazan Oblast
Ural Bank  Sverdlovsk Oblast
 Chelyabinsk Oblast
 Kurgan Oblast
 Bashkortostan
Central Black Earth Bank  Voronezh Oblast
 Oryol Oblast
 Lipetsk Oblast
 Kursk Oblast
 Belgorod Oblast
 Tambov Oblast
South Western Bank  Rostov Oblast
 Krasnodar Krai
 Adygea
 Crimea
 Sevastopol

International presence[]

Sberbank office in Atyrau, Kazakhstan
Sberbank office in Atyrau, Kazakhstan
 Belarus BPS Sberbank
 Ukraine Sberbank[92]
 Kazakhstan Sberbank[93]
 Austria Sberbank Europe
 Germany Sberbank Europe
  Switzerland Sberbank Switzerland
 Czech Republic Sberbank Europe
 China Sberbank International
 India Sberbank International
 Malaysia Sberbank International
 United States Sberbank CIB
 United Kingdom Sberbank CIB
 Cyprus Sberbank CIB

The 19 August 2021 Supreme Court of Ukraine ruling forbids the daughter of the Russian Sberbank in Ukraine to use the trademark "Sberbank" since it ruled that Oschadbank is the sole legal owner of the trademark "Sberbank" in Ukraine.[94]

In November 2021, aiming to focus on priority markets, Sberbank Europe AG sold associated banks in Bosnia and Herzegovina (Sberbank a.d. Banja LuKa and Sberbank BH d.d. Sarajevo), in Croatia (Sberbank d.d.), in Hungary (Sberbank Magyarorszag Zrt.), in Serbia (Sberbank Srbija a.d. Beograd) and in Slovenia (Sberbank banka d.d.) to Serbian MK Group for about 500 million Euros.[95]

Sponsorship[]

Presentation of ice climbing in the Olympic Park of Sochi at the 2014 Winter Olympics, sponsored by Sberbank
Presentation of ice climbing in the Olympic Park of Sochi at the 2014 Winter Olympics, sponsored by Sberbank

Sberbank sponsors sports and charity events in various regions of Russia,[96][97][98][99] as well as educational projects[100][101] including projects developing financial literacy.[102][103]

Controversies[]

Not returning of citizens' deposits during privatisation[]

Sberbank is the successor of Soviet saving banks, whose assets belonged to the state.[104] During Russia's transition to a market economy in the 1990s, in which these assets were sold, Sberbank provided no guarantee for citizens' deposits.[105] This resulted in a landslide depreciation, which in turn led to severe discontent among the Russian population.[106] Since 1996, partial compensation for investors' losses has been offered.[107] However, until 2003 this only applied to state-owned banks such as Sberbank, giving them an unfair advantage over fully private banks.[108]

Low level of service in the early 2000s[]

In the early 2000s, Sberbank was repeatedly blamed for poor service.[109][110] Consequently, in subsequent years, Sberbank has introduced new services[111][112] and improved the quality of some of its existing ones. By the mid-2010s, the bank was reportedly among the market leaders with regards to quality of client services, such as services for retail depositors,[113] premium services[114] and several others.

Laundering stolen money accusations, Prevezon Holdings, and Sergey P. Poymanov[]

Sergei Leonidovich Magnitsky accused numerous persons and entities of laundering stolen money in tax fraud in Russia.[115] Owned by Denis Katsyv, Prevezon Holdings, represented by Natalia Vladimirovna Veselnitskaya and Louis Freeh, paid $6 million to resolve the claim without admitting any crime which subsequently led to all charges being dropped by the Justice Department in the summer of 2017.[115][116][117][a] In United States court, Sergey P. Poymanov sued Sberbank, several of its subsidiaries and executives, and a business rival for $750 million, claiming that a valuable gravel quarry he owned was illegally bankrupted and seized by the bank in a corporate raid in 2012. Sberbank says it took the quarry as collateral after Mr. Poymanov failed to repay a loan. Sberbank is retaining Marc Kasowitz for this court case.[115] Poymanov was subsequently arrested by Russian police who then subjected him to harsh pretrial detention at a notoriously rough Moscow jail, Matrosskaya Tishina, which is the same jail where Magnitsky died.[115]

Ukrainian sanctions and vandalism of Sberbank property[]

Anti-Russian graffiti "It's a Russian bank" near the department of bank in Oleksandriia, Ukraine

In April 2014, several Ukrainian officials accused Sberbank of funding the 2014 pro-Russian unrest in Ukraine, including alleged terrorism. The bank denied any involvement in the financing of illegal activities on Ukrainian territory, which was later confirmed by an examination carried out by the National Bank of Ukraine.[121]

"It is another instance of aggressive nationalism of neo-Nazi dogma that is gathering momentum in Ukraine and obviously enjoys support of official authorities of the country," the Russian foreign ministry stated.[122]

15 March 2017, the president of Ukraine imposed sanctions on Sberbank (and other Russian state-owned banks operating in Ukraine: VTB Bank, BM Bank, Prominvestbank, and  [uk] (Ukrainian: ВіЕс Банк)) as part of its continued sanctions on Russia for its annexation of Crimea and involvement in the War in Donbass.[45][46][47] Since then, Sberbank's Ukrainian subsidiary, VS Bank (Ukrainian: ВіЕс Банк), has been put on sale.[45] But as of August 2017 it has been unsuccessfully trying to sell the asset after the National Bank of Ukraine blocked the sale of the bank due to a "failure to provide the necessary and sufficient documents to carry out checks on the investors in compliance with Ukrainian law."[45] In 2017 Sberbank was reported to be waiting for approval from the National Bank of Ukraine to sell its Ukrainian subsidiaries. "Everything is prepared on our side. The question is whether we will be given a permission to sell or not by Ukrainian authorities," Herman Gref who is the chairman of Sberbank said on the World Economic Forum held in Davos in January 2018. On 13 December 2017, Sberbank sold another subsidiary, VS Bank (Ukrainian: ВіЕс Банк), to a Ukrainian banker, former PrivatBank chairman Serhiy Tihipko.[48][122]

Troika Laundromat accusation in Lithuania[]

Main article: Sberbank CIB § Troika Laundromat

In March 2019, the Troika Laundromat was exposed as an international money laundering network involving the Troika Dialog which is an investment bank that has been merged with the Sberbank's subsidiary Sberbank CIB.[123][124][125][126]

2019 Data breach[]

In October 2019, it was revealed that analysts from cybersecurity firm DeviceLock had shared information about a large Sberbank data breach with the newspaper, the Kommersant.[127] The personal information of up to 60 million Sberbank credit cards had been offered for sale on the black market. It was the largest data breach to have taken place in Russian banking.[128]

See also[]

Notes[]

  1. ^ Prevezon's attorney Louis Freeh was Director of the FBI from September 1, 1993 until June 25, 2001.[116][117][118] In November 2017, Katsyv's company Prevezon stated that it would pay the fine using money from AFI Europe which is a subsidiary of Lev Leviev's Africa Israel Investments.[117] In May 2018, Freeh purchased a $9.38 million home from Armen A. Manoogian in Palm Beach, Florida, near Mar-a-Lago where Freeh often attends events.[119][120]

References[]

  1. ^ "Сбер-Сити — красивый и экологичный" – via www.youtube.com.
  2. ^ "SBER.RU | Sberbank Rossia Company Profile & Executives - WS". www.wsj.com.
  3. ^ "Financial Statement" (PDF). Retrieved 1 November 2018.
  4. ^ "Financial Statement 4 quarter 2020" (PDF). Sberbank of Russia. 4 March 2021. p. 173. Retrieved 4 March 2021.
  5. ^ a b c "Report for 4Q 2021" (PDF). Sberbank of Russia. 4 March 2022. p. 182. Retrieved 4 March 2022.
  6. ^ a b "Sberbank announces its controlling stake sold to Russian Ministry of Finance as part of National Wealth Fund placement". Sberbank. 10 April 2020.
  7. ^ "Sberbank in brief" (PDF). Sberbank.ru.
  8. ^ "Рейтинг банков – 2017 (таблица)". Forbes.ru. 23 March 2017. Retrieved 1 May 2017.
  9. ^ "Top 1000 World Banks – Sales bring changes in CEE but Russia still rules". The Banker. 30 June 2014. Retrieved 11 October 2014.
  10. ^ "100 надежных российских банков — 2021. Рейтинг Forbes". forbes.ru (in Russian). 25 March 2021. Retrieved 5 April 2021.
  11. ^ "Global 2000". Forbes. 13 April 2021.
  12. ^ "Sberbank of Russia - About Sberbank". Sbrf.ru. 1 November 2013. Retrieved 21 March 2014.
  13. ^ "1895-1917". Sberbank.ru. Archived from the original on 17 December 2019. Retrieved 6 October 2015.
  14. ^ "Sberbank of Russia - 1895-1917". Sberbank.ru. Archived from the original on 17 December 2019. Retrieved 6 November 2014.
  15. ^ "Sberbank of Russia - 1917-1941". Sberbank.ru. Retrieved 6 November 2014.
  16. ^ "Sberbank of Russia - 1953-1993". Sberbank.ru. Retrieved 6 November 2014.
  17. ^ "Sberbank of Russia - 1991-2008". Sberbank.ru. Retrieved 6 November 2014.
  18. ^ "Top 1000 World Banks – Sales bring changes in CEE but Russia still rules". Reuters. 29 May 2015. Retrieved 6 November 2015.[permanent dead link]
  19. ^ "VOLKSBANK змінює назву на VS Bank" [VOLKSBANK changes its name to VS Bank]. VS Bank website (in Ukrainian). Retrieved 28 February 2018.
  20. ^ "VOLKSBANK ЗМІНЮЄ НАЗВУ НА VS BANK*: Протягом останніх двох років ми спостерігаємо ребрендинг у тій чи іншій формі вже у трьох банках із головними офісами у Львові..." [VOLKSBANK MAKES A NAME ON VS BANK *: Over the past two years, we have seen rebranding in one form or another already in three banks with head offices in Lviv ...]. volyn.com.ua (in Ukrainian). 28 November 2013. Retrieved 28 February 2018.
  21. ^ Kramer, Andrew (8 June 2012). "Sberbank of Russia to Buy DenizBank for $3.5 Billion". New York Times. Retrieved 12 September 2014.
  22. ^ "Sberbank Announces Agreement to Acquire 99.85% of DenizBank". 8 June 2012. Retrieved 11 November 2015.
  23. ^ "Announcement of Expanded Treasury Sanctions within the Russian Financial Services, Energy and Defense or Related Materiel Sectors". US Department of the Treasury. 12 September 2014. Retrieved 10 February 2018.
  24. ^ "Ukraine-related Sanctions: OFAC has implemented the following Ukraine-related Sanctions". US Department of the Treasury. 12 September 2014. Retrieved 10 February 2018.
  25. ^ a b "Executive Order - Blocking Property of Additional Persons Contributing to the Situation in Ukraine". The White House - Office of the Press Secretary. 20 March 2014. Retrieved 10 February 2018.
  26. ^ a b "Ukraine-related Designations". www.treasury.gov. Retrieved 6 April 2018.
  27. ^ a b "Specially Designated Nationals And Blocked Persons List (SDN) Human Readable Lists". www.treasury.gov. Retrieved 6 April 2018.
  28. ^ "Ukraine conflict: US and EU widen sanctions on Russia". BBC. 30 July 2014. Retrieved 10 February 2018.
  29. ^ President of The United States (10 March 2014). "Ukraine EO13660" (PDF). Federal Register. Retrieved 10 February 2018.
  30. ^ President of The United States (19 March 2014). "Ukraine EO13661" (PDF). Federal Register. Retrieved 10 February 2018.
  31. ^ a b President of The United States (24 March 2014). "Ukraine EO13662" (PDF). Federal Register. Retrieved 10 February 2018.
  32. ^ "COUNCIL REGULATION (EU) No 833/2014 concerning restrictive measures in view of Russia's actions destabilising the situation in Ukraine". THE COUNCIL OF THE EUROPEAN UNION. eur-lex.europa.eu. 31 July 2014. Retrieved 10 February 2018.
  33. ^ Arshad Mohammed; Bill Trott (12 September 2014). "U.S. steps up sanctions on Russia over Ukraine". Reuters. Archived from the original on 12 September 2014. Retrieved 12 September 2014.
  34. ^ "US Slams Russia With Punishing New Sanctions". Business Insider. 12 September 2014. Retrieved 10 November 2015.
  35. ^ "Obama team unveils new Russia sanctions". USA Today. 12 September 2014. Retrieved 10 November 2015.
  36. ^ "Sweeping new US and EU sanctions target Russia's banks and oil companies". the guardian. 12 September 2014. Retrieved 10 November 2015.
  37. ^ Halia Pavliva (28 July 2014). "Sberbank Drops as EU Sanctions on Russian Lenders Loom". Bloomberg News. Bloomberg L.P. Retrieved 14 November 2014.
  38. ^ Elena Popina (6 December 2015). "Sberbank Rally Seen Fading as Russia-Turkey Rift Increases Risk". Bloomberg News. Bloomberg L.P. Retrieved 11 December 2015.
  39. ^ Baertschi, Antje (27 August 2014). "Situation in Ukraine: Federal Council decides on further measures to prevent the circumvention of international sanctions". Switzerland: Federal Administration website. Bern. Archived from the original on 8 September 2014. Retrieved 27 February 2018.
  40. ^ "Treasury Sanctions Individuals and Entities for Sanctions Evasion and Other Activities Related to Russia and Ukraine: Underscores U.S. Commitment To Work with the EU To Maintain The Efficacy of Existing Sanctions Until Russia Fully Complies With Its International Obligations With Respect To Ukraine". US Department of the Treasury. 22 December 2015. Retrieved 10 February 2018.
  41. ^ "Russia/Ukraine-related Sanctions and Identifications: Specially Designated Nationals List Update". US Department of the Treasury. 22 December 2015. Retrieved 10 February 2018.
  42. ^ Украина запретила деятельность «Золотой Короны» и других платежных систем из РФ: Украина расширила санкции в отношении РФ, ограничив, среди прочего, деятельность ряда российских платежных систем. Соответствующее решение закреплено указом президента Украины № 467/2016, текст которого и соответствующие санкционные списки размещены на сайте главы государства [Ukraine banned the activities of the "Golden Crown" and other payment systems from the Russian Federation: Ukraine has extended sanctions against the Russian Federation, limiting, among other things, the activities of a number of Russian payment systems. The corresponding decision is fixed by the decree of the President of Ukraine No. 467/2016, the text of which and corresponding sanctions lists are posted on the website of the head of state]. mail.ru (in Russian). Interfax.ru. 18 October 2016. Archived from the original on 29 October 2016. Retrieved 27 February 2018.
  43. ^ Пороше́нко, Петро́ Олексі́йович (17 October 2016). УКАЗ ПРЕЗИДЕНТА УКРАЇНИ №467/2016: Про рішення Ради національної безпеки і оборони України від 16 вересня 2016 року "Про застосування персональних спеціальних економічних та інших обмежувальних заходів (санкцій)" [DECREE OF THE PRESIDENT OF UKRAINE No. 467/2016: On the decision of the National Security and Defense Council of Ukraine dated 16 September 2016 "On the application of personal special economic and other restrictive measures (sanctions)"]. President of Ukraine website (in Ukrainian). Retrieved 27 February 2018.
  44. ^ Пороше́нко, Петро́ Олексі́йович (17 October 2016). Додаток 4 до рішення Ради національної безпеки і оборони України від 16 вересня 2016 року «Про застосування персональних спеціальних економічних та інших обмежувальних заходів (санкцій)» ЮРИДИЧНІ ОСОБИ, до яких застосовуються обмежувальні заходи (санкції) [Annex 4 to the decision of the National Security and Defense Council of Ukraine from 16 September 2016 "On the Application of Personal special economic and other restrictive measures (sanctions)": ENTITIES, to which restrictive measures (sanctions) apply] (PDF) (in Ukrainian). pp. 63–4 (#155 Sberbank Russia), 69–70 (#167 Sberbank Leasing). Retrieved 27 February 2018.
  45. ^ a b c d e Ukraine blocks sale of subsidiaries of Russia's Sberbank, VEB – media, UNIAN (29 July 2017)
  46. ^ a b Пороше́нко, Петро́ Олексі́йович (15 March 2017). УКАЗ ПРЕЗИДЕНТА УКРАЇНИ №63/2017: Про рішення Ради національної безпеки і оборони України від 15 березня 2017 року ’'Про застосування персональних спеціальних економічних та інших обмежувальних заходів (санкцій)" [DECREE OF THE PRESIDENT OF UKRAINE No. 63/2017: On the decision of the Council of National Security and Defense of Ukraine dated 15 March 2017 "On the Application of Personal Special Economic and Other Restrictive Measures (Sanctions)"]. President of Ukraine website (in Ukrainian). Retrieved 28 February 2018.
  47. ^ a b Пороше́нко, Петро́ Олексі́йович (16 March 2017). Глава держави затвердив санкції щодо низки російських банків [The head of state has approved sanctions against a number of Russian banks]. President of Ukraine website (in Ukrainian). Retrieved 28 February 2018.
  48. ^ a b Тігіпко купив українську "дочку" російського "Сбербанку" [Tigipko acquires Russian Sberbank's Ukrainian subsidiary] (in Ukrainian). UNIAN. 13 December 2017. Retrieved 28 February 2018.
  49. ^ Берджис, Том (Burgis, Tom) (12 May 2016). "Швейцарский банк BSI помогал клиентам прятать активы и отмывать деньги: В числе клиентов BSI есть и российские олигархи" [Swiss bank BSI helped clients hide assets and launder money: Among BSI clients are Russian oligarchs]. «Ведомости» (in Russian). Archived from the original on 13 May 2016. Retrieved 24 August 2021.
  50. ^ "FACT SHEET: Joined by Allies and Partners, the United States Imposes Devastating Costs on Russia". The White House. Retrieved 25 February 2022.
  51. ^ "Russia's Sberbank plunges amid warnings over collapse". The Telegraph. 28 February 2022.
  52. ^ "ECB says Sberbank likely to fail; Germany drops Russia issuers". Reuters. 28 February 2022. Retrieved 28 February 2022.
  53. ^ "FMA ordnet im Auftrag des SRB ein Moratorium für die "Sberbank Europe AG" an: Zahlungs- und Lieferverpflichtungen bis 1. März 2022 ausgesetzt". Österreichische Finanzmarktaufsichtsbehörde. 28 February 2022. Retrieved 28 February 2022.
  54. ^ "Russia's Sberbank in Europe faces closure after savers demand money". Reuters. 28 February 2022.
  55. ^ "Сбербанк уходит с европейского рынка" (in Russian). ТАСС. 2 March 2022.
  56. ^ "Больше не банк: Сбербанк провел ребрендинг и представил новые сервисы" (in Russian). frankrg.com. 24 September 2020.
  57. ^ "FT узнала о переговорах с Кремлем о "разводе" "Сбера" и Mail.ru" (in Russian). RBC. 29 March 2021.
  58. ^ "Сбербанк откроет аптеки в своих отделениях" (in Russian). ko.ru. 27 April 2021.
  59. ^ ""Саббатикал становится новым трендом». «Сбер» разрешил своим сотрудникам брать годовой неоплачиваемый отпуск" (in Russian). Meduza. 7 June 2021.
  60. ^ "Правительство купило Сбербанк у ЦБ". Ведомости (in Russian). Retrieved 25 January 2021.
  61. ^ "Федеральный закон от 10.07.2002 N 86-ФЗ (ред. от 05.10.2015) "О Центральном банке Российской Федерации (Банке России)"". КонсультантПлюс. Retrieved 11 November 2015.
  62. ^ "Сбербанк могут продать без закона". Газета Коммерсантъ. Retrieved 11 November 2015.
  63. ^ "About Sberbank: Management". Sberbank website. Retrieved 26 February 2018.
  64. ^ Becker, Jo; Rosenberg, Matthew; Haberman, Maggie; Schmidt, Michael S.; MacFarquhar, Neil (27 March 2017). "Senate Committee to Question Jared Kushner Over Meetings With Russians". New York Times. Retrieved 26 February 2018.
  65. ^ a b Путин назначил Сергея Горькова главой ВЭБ: Горьков до этого назначения работал заместителем председателя правления Сбербанка и курировал работу блока международных операций [Putin appointed Sergei Gorkov head of VEB: Gorkov before this appointment worked as the deputy chairman of the board of Sberbank and supervised the work of the block of international operations]. TASS (in Russian). 26 February 2016. Retrieved 26 February 2018.
  66. ^ Pudenko, Peter (26 February 2016). «У него все хорошо при нынешнем режиме»: кто такой Сергей Горьков ["He is doing well under the current regime": who is Sergei Gorkov]. Forbes Russia (in Russian). Retrieved 26 February 2018.
  67. ^ Горьков, Сергей Николаевич [Gorkov, Sergei Nikolayevich]. TASS (in Russian). Retrieved 26 February 2018.
  68. ^ Биография Сергея Горькова [Biography Sergei Gorkov]. RIA Novosti (in Russian). 26 February 2016. Retrieved 26 February 2018.
  69. ^ a b c d e f g h i j k l m n o "Sberbank: History". Sberbank website. Retrieved 26 February 2018.
  70. ^ "SB of Sberbank JSC". Sberbank website. Retrieved 26 February 2018.
  71. ^ "Sberbank Ukraine: Bank' history". Sberbank (Ukraine) website. Retrieved 26 February 2018.
  72. ^ "BPS-Sberbank OJSC". Sberbank website. Retrieved 26 February 2018.
  73. ^ "Representative Office of Sberbank of Russia in Germany". Sberbank website. Retrieved 26 February 2018.
  74. ^ "Representative Office of Sberbank of Russia in Beijing". Sberbank website. Retrieved 26 February 2018.
  75. ^ "Branch of Sberbank of Russia in India". Sberbank website. Retrieved 26 February 2018.
  76. ^ "Company Overview of Sberbank (Switzerland) AG". Bloomberg. Retrieved 26 February 2018.
  77. ^ "Company Overview of Sberbank Europe AG". Bloomberg. Retrieved 26 February 2018.
  78. ^ "Company Overview of Sberbank BH d.d." Bloomberg. Retrieved 26 February 2018.
  79. ^ "Company Overview of Sberbank Magyarország Zrt". Bloomberg. Retrieved 26 February 2018.
  80. ^ "Company Overview of Sberbank Nekretnine d.o.o." Bloomberg. Retrieved 26 February 2018.
  81. ^ "Company Overview of Sberbank CZ, a.s." Bloomberg. Retrieved 26 February 2018.
  82. ^ "Company Overview of Sberbank Serbia a.d." Bloomberg. Retrieved 26 February 2018.
  83. ^ "Company Overview of Sberbank Slovensko, a.s". Bloomberg. Retrieved 26 February 2018.
  84. ^ "About Sberbank". Sberbank website. Retrieved 26 February 2018.
  85. ^ "Sberbank: Global Business". Sberbank website. Retrieved 26 February 2018.
  86. ^ "Company Overview of Sberbank a.d." Bloomberg. Retrieved 26 February 2018.
  87. ^ "Members of the Supervisory Board of SberBank". official site. Retrieved 7 June 2021.
  88. ^ Болецкая, Ксения; Воронова, Татьяна (19 January 2016). Бывший главный редактор «РИА Новости» готовится работать в Сбербанке: Светлана Миронюк с 1 февраля может возглавить департамент маркетинга и коммуникаций [Former editor-in-chief of RIA Novosti is preparing to work in Sberbank: From 1 February, Svetlana Mironyuk can head the Marketing and Communications Department] (in Russian). Vedomosti. Retrieved 4 May 2018.
  89. ^ Светлана Миронюк назначена старшим вице-президентом Сбербанка [Svetlana Mironyuk appointed senior vice president of Sberbank] (in Russian). Vedomosti. 1 February 2016. Retrieved 4 May 2018.
  90. ^ "Сбер создаст холдинг e-commerce" (in Russian). ТАСС. 15 February 2022.
  91. ^ a b "Sberbank – About Us". Sberbank.ru. Retrieved 9 November 2015.
  92. ^ (in Ukrainian) Sberbank of Russia refused to recapitalize the Ukrainian "daughter" by 4.3 billion, Ukrayinska Pravda (15 October 2020)
  93. ^ "Сбербанк". www.sberbank.kz. Retrieved 2 June 2017.
  94. ^ (in Ukrainian) The Supreme Court ordered the daughter of Sberbank to change its name - Oschadbank won the case, Ukrayinska Pravda (20 August 2021)
  95. ^ "Сбербанк продаст несколько дочек в Европе на сумму около 500 млн евро" (in Russian). Интерфакс. 3 November 2021.
  96. ^ "Поволжский банк проводит донорский марафон "СБЕРегая тепло сердец"". Коммерсант.ру. 12 October 2015. Retrieved 11 November 2015.
  97. ^ "Собрать детей в школу помогли сотрудники Западно-Уральского банка Сбербанка России". Bankir.ru. Retrieved 11 November 2015.
  98. ^ "42 города вышли на старт национального забега Сбербанка". Lenta.ru. Retrieved 11 November 2015.
  99. ^ "Сбербанк предоставил льготные условия обслуживания благотворительным организациям". Bankir.ru. Retrieved 11 November 2015.
  100. ^ "В Рязанском отделении Сбербанка стартовал проект "Электронная деревня"". РЯЗАНСКОЕ ИНФОРМАЦИОННОЕ АГЕНТСТВО 7Info. Retrieved 11 November 2015.
  101. ^ "Поволжский банк открыва". Коммерсант.ру. 11 November 2015. Retrieved 11 November 2015.
  102. ^ "Сбербанк запустил сайт для повышения финансовой грамотности россиян". The Village. Retrieved 11 November 2015.
  103. ^ "Charity and sponsorship". report-sberbank.ru. Retrieved 11 November 2015.
  104. ^ § 3. Правовое регулирование сберегательного дела. Виды вкладов. Грачева Е. Ю., Соколова Э. Д. Финансовое право: Учебное пособие. — 2-е изд., испр. и доп. — М.: Юриспруденция, 2000. — 304 с. (in Russian). ISBN 5-8401-0042-0.
  105. ^ Обнищание «народных масс» России. В. С. Сычёва. Социологические исследования. 1994. — № 3. — С. 66-69. Автор – канд. социол. наук, ст. н. с. (in Russian). Institute of Sociology of RAS.
  106. ^ Банковские вклады, «сгоревшие» в 1992 году (in Russian). Lyudmila Presnyakova. Fund «Общественное мнение». 22.02.2007.
  107. ^ Сбербанк России начал выплачивать компенсации по советским вкладам (in Russian). Lenta.ru. 16.04.2008.
  108. ^ Banking and Deposit Insurance in Russia. World Bank, 2006, p.14 "Archived copy" (PDF). Archived from the original (PDF) on 20 March 2009. Retrieved 20 August 2008.{{cite web}}: CS1 maint: archived copy as title (link)
  109. ^ Очереди в Сбербанк остаются огромными. Sergey Oznobischev. Kreml.org. (in Russian). 31.03.2006.
  110. ^ В погоне за длинным гудком Yelena Kovalyova. Kommersant Dengi. (Russian). №35(591), 04.09.2006.
  111. ^ "Новая система работы для ускорения обслуживания клиентов Сбербанка". Банковский портал Воронежа. Retrieved 11 November 2015.
  112. ^ "Как работает система автоплатежей ЖКХ". Lenta.ru. Retrieved 11 November 2015.
  113. ^ "Private Deposit CX Rank 2015". Markswebb - Аналитическое агентство. Retrieved 11 November 2015.
  114. ^ "Эксперты назвали лучшие банки для премиального обслуживания". РБК. Retrieved 11 November 2015.
  115. ^ a b c d Kramer, Andrew E. (2 August 2017). "Marc Kasowitz, Trump Lawyer, Also Represents a Russian Bank". New York Times. Retrieved 3 February 2018.
  116. ^ a b Unger 2018, p. 218.
  117. ^ a b c Bertrand, Natasha (16 November 2017). "Former FBI director represented Russian firm at center of major money-laundering probe". Business Insider. Retrieved 25 January 2021.
  118. ^ "Louis J. Freeh, September 1, 1993 - June 25, 2001". FBI website. Retrieved 25 January 2021.
  119. ^ Unger 2018, p. 219.
  120. ^ Hofheinz, Darrell (30 March 2018). "Deed: Ex-FBI head Louis Freeh linked to $9.38M home purchase". Palm Beach Daily News. Retrieved 25 January 2021.
  121. ^ "НБУ подтвердил отсутствие нарушений в деятельности "Сбербанка России"". РБК-Украина. 29 April 2014. Retrieved 11 October 2015.
  122. ^ a b Talant, Bermet (20 February 2018). "Russian state banks leaving Ukraine because of sanctions, attacks by nationalists". Kyiv Post. Retrieved 26 February 2018.
  123. ^ Garside, Juliette (4 March 2019). "Q&A: what is the 'Troika Laundromat' and how did it work?". The Guardian. Retrieved 23 November 2019.
  124. ^ "The Troika Laundromat". OCCRP. Retrieved 23 November 2019.
  125. ^ "Russian Troika Dialog bank investigation reveals offshore money laundering scheme". bne IntelliNews. 6 March 2019. Retrieved 23 November 2019.
  126. ^ O'Conner, Colin (4 March 2019). "The Troika Laundromat: Five Quick Takeaways". RFE/RL. Retrieved 23 November 2019.
  127. ^ Times, The Moscow (3 October 2019). "Sberbank Hit by Huge Data Breach". The Moscow Times. Retrieved 7 March 2022.
  128. ^ Ljubas, Zdravko. "Russia: Huge Data Leak Hits Sberbank". www.occrp.org. Retrieved 7 March 2022.
  • Unger, Craig (14 August 2018). House of Trump, House of Putin: The Untold Story of Donald Trump and the Russian Mafia. Dutton. ISBN 978-1524743505.

External links[]

Media related to Sberbank of Russia at Wikimedia Commons

Retrieved from ""